MobiDough, Inc. has raised US $3.55 million from one unnamed investor. Jun Y. Yoo is listed as the only outside director in addition to the two co-founders,  Praveen Gupta and Sanjay Rohatgi. Los Gatos, California based MobiDough is a provider of mobile commerce solutions that enabling real time transactions between cell phone users, merchants and financial institutions on all [...]

JiWire, Inc., a location-based mobile media company, has closed a US $20 million Series C round of financing led by Trident Capital with participation from existing investors Comcast Interactive Capital, Draper Fisher Jurvetson, Norwest Venture Partners and Panorama Capital. John Moragne, co-founder of Trident Capital, has joined JiWire’s board of directors. JiWire has, to date, [...]

Mobile Spinach, Inc. has secured a US $1 million round of venture financing led by Blumberg Capital with participations from Quest Ventures and Launch Capital. Mobile Spinach intends to use new funds for the growth of its mobile platforms and the mobile ecosystem. San Mateo, California based Mobile Spinach is a mobile web-based platform embedded in third-party mobile smartphone [...]

Investors like Andreessen Horowitz are increasingly focusing on mobile game investments. Tiny, the giant game developers? Sure they hope so and are betting on them. Two “Tiny” San Fransico mobile game developers, TinyCo and Tiny Speck, have both recently closed a new round of financing, a US $18 million Series A for TinyCo and US $10.7 million Series B for Tiny Speck. Andreessen [...]

Payfone, Inc., a provider of mobile payments, has closed a US $19 million Series C round of strategic financing led by American Express with participations from Verizon Investments Inc./Verizon Ventures, Rogers Ventures, and existing investors Opus Capital, BlackBerry Partners Fund and RRE Ventures. The US $19 million round is one the of the largest mobile payments funding rounds [...]

Vancouver/San Fransisco based Tiny Speck, Inc., has raised additional US $10.7 million from its backers, Andreessen Horowitz and Accel Partners. Tiny Speck is a developer of massively multiplayer online game. Glitch,  primarily playable in the browser, is a massively-multiplayer game which takes place inside the minds of eleven peculiarly imaginative Giants.  Glitch will be [...]